Saved Bookmarks
| 1. |
How Bidding Is Done? |
|
Answer» Bidding is used to determine the cost or value of something. Bidding can be performed by a "buyer" or "supplier" of a product or service based on the context of the SITUATION. In the context of auctions, stock EXCHANGE, or real ESTATE the price offer a business or individual is willing to pay is CALLED a bid. Bidding is used to determine the cost or value of something. Bidding can be performed by a "buyer" or "supplier" of a product or service based on the context of the situation. In the context of auctions, stock exchange, or real estate the price offer a business or individual is willing to pay is called a bid. |
|